Tag "e-commerce"
Hungarians prefer to pick up their online orders at parcel machines in the Central European region
Central European customers clearly prefer particularly fast home delivery – most often because something was left out during a previous shopping trip -, however, Hungarians would spend less on this...
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This is what awaits traders with the new webshop regulation
At the 8th Ecommerce Expo Budapest held on February 29, 2024, dr. Barnabás Balczó, the president and CEO of MPL, spoke about the actions related to the new government decree...
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NMHH: The previous growth rate of online shopping has stalled
The previous growth rate of online shopping has stalled – concluded the research of the National Media and Communications Authority (NMHH), the summary of which was provided to MTI on...
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Many online stores are looking for loopholes in terms of delivery
Domestic online stores must adapt to a new rule within one month, according to which it becomes mandatory to offer Magyar Posta as a delivery option. However, some of the...
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These will be the fixed prices of Magyar Posta’s logistics service in Hungarian webshops
According to a 2023 decree, the government would require webshops to also offer the logistics service of Magyar Posta to their customers. Although it is not yet clear to the...
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Temu is in trouble: Wish was sold for pennies
The Chinese company Qoo10 bought the e-commerce platform Wish, which was valued at 14 billion dollars a few years ago, for only 173 million dollars. The transaction points to the...
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It will also be mandatory to offer Magyar Posta’s logistics service to webshops
According to the decree published in the Magyar Közlöny, the government plans to require webshops to offer the logistics service of Magyar Posta to their customers. The government has not...
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The Hungarian competitors approached the GVH about Temu
At the beginning of February, the online marketplace Temu overtook Alza in terms of customer numbers in Hungary, and only eMAG was able to beat the Chinese competitor. However, due...
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Will Temu displace domestic online stores?
Although the Chinese e-retailer Temu appeared on the domestic market only a few months ago, it has already become one of the dominant players in the domestic e-commerce market thanks...
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GVH raided a fraudulent webshop in Hungarian
The Economic Competition Authority (GVH) has announced that it has launched an investigation against Airbox s.r.o., a Slovak electronic cigarette distributor, because it is suspected of illegally and misleadingly advertising...
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Temu also affects domestic online retail
Temu has exploded the online commerce market and is present almost everywhere with its aggressive marketing strategy. The app quickly became popular in America, and Temu led the way in...
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From now on, not everyone can order cash on delivery in domestic webshops
It is often a challenge for online stores that some of the packages ordered by cash on delivery are not picked up by their customers, causing serious costs in terms...
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Extreme Digital-eMAG Kft. received a serious fine
The customer information activities of Extreme Digital-eMAG Kft. were unlawful on many points, in addition, some of its records were incomplete and it did not verify the analysis of a...
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E-commerce: only one in twenty visitors buys at Shein and Temu
Shein and Temu, the Chinese giants of e-commerce, are growing at a brutal pace, but they do not threaten the market leader in the online retail space, Amazon. Although Shein...
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This year’s Black Friday broke all records in America
According to a recent report by Adobe Analytics, Black Friday e-commerce spending in the United States showed a significant 7.5% year-over-year increase, reaching a record total of $9.8 billion, CNBC...
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GKID research: We spend less, but order more online before Christmas
Although the number of online orders is increasing spectacularly compared to last year’s data, this is largely due to the rise of foreign e-traders, according to GKID’s current e-commerce survey...
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The 7 most important e-commerce trends in 2024
The eCommerce landscape is in constant flux. Changes are influenced by technological advancements and shifting consumer behaviors. It can be tempting to stick to familiar practices and mindsets. However, understanding...
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Fewer and fewer Hungarian companies are successful in e-commerce, but why?
Hungarian companies find it difficult to thrive in online trade, and in their efforts towards international sales, they need improvements in order to catch up with regional competitors, say the...
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Stores are still more popular than webshops
Due to the rise of e-commerce solutions, many people in trade might have thought that traditional stores were dying. However, customers seem to have a different opinion and are not...
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E-commerce: orders arrive faster in summer
In order to be able to receive postal items without interruption even during the summer period, it is advisable to think in advance when and for how long you will...
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The package ordered online is also turned over by robots before it reaches us
What happens when we press the order button in a webshop? Who and how processes our request and how does our package get to our door so quickly? Euronics’ head...
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Generation gap among online customers: the younger they are, the faster they want to receive their order
For younger customers, the speed of delivery is particularly important in Hungary: almost half of Generation Z have already abandoned the online ordering process after selecting the products, because they...
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László Krisán: “There won’t be positive trends until consumer confidence strengthens”
An interview with László Krisán, the CEO of KAVOSZ Zrt. and the Hungarian representative of EuroCommerce’s board of directors This article is available for reading in Trade magazin 2023/6-7....
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The growth of e-commerce has slowed down – the right package partner can help online stores in a declining market
Web stores can perceive a significant change in market trends: the hyper-growth of online trade during the COVID period has stopped, and its share in total trade has also decreased....
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The role of AI in e-commerce is indisputable and unavoidable
There is almost no spectrum of e-commerce left that was not scrutinized at the “Let’s see the future” conference organized by Ecommerce Hungary on June 6 and 7, within the...
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NAV: this year, the authority has already examined more than 28 million e-commerce packages
This year, the National Tax and Customs Administration (NAV) carried out more than 210,000 customs procedures and examined 28 million e-commerce packages, said the director of the NAV Airport Directorate...
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In 2022, Euronics became the largest 100% Hungarian-owned online retailer
GKID has published the latest ranking list of online retailers with the largest turnover in Hungary. In 2022, a separate ranking of companies with 100% Hungarian background was prepared for...
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A big change is happening in e-commerce
The introduction of time window delivery is an important advancement in the field of e-commerce, as it allows customers to plan delivery more flexibly and predictably. Time-slot delivery can reduce...
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In 2022, online stores received prosecutorial warnings 150 times
More than 95 percent of counterclaims were filed against companies operating online stores, and in 80 cases the procedure of the consumer protection authorities was directly initiated – Napi.hu learned...
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More and more people are asking for their orders at package collection points
As part of an experiment, the team of the Behavioral Insight Team investigated what designs would help to nudge customers in the direction of ordering their products at parcel pick-up...
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